Don’t Forget State Death Taxes

Don’t Forget State Death Taxes

As we contemplate another change in the Federal Estate Tax, we have to remember to consider the state death taxes that may apply. The following graphic from the Wall Street Journal shows the current states with death taxes and their rates. The accompianing article,...

Estate Tax Bill Next Week?

An estate tax bill could be introduce in the House as early as next week states Democratic Leader Steny Hoyer. Here is link for the full article from the NY Times. Of special interest is the last quote, “If we don’t act on the estate tax there will be a...

Tax Reform Linked to Health Care Reform

Should Tax Reform be linked to Health Care Reform? Representative Brian Baird of Washington thinks so. In a guest editorial from yesterday’s Seattle Times entitled Time for real reform of health care and taxes, Representative Baird makes the case for taking on...

Don’t Plan on Dying in 2010

Don’t make your funeral plans just yet, if you are counting on the temporarily estate tax repeal in 2010. This is the conclusion of Mark Nestmann in his article, “Q: Should You Die in 2010? (‚ĶFor Tax Purposes, of Course)“. For nearly a decade...

Estate Tax – No News is not Good News

It is getting down to crunch time. In about 10 weeks the Federal Estate Tax is scheduled to be eliminated . . . . for one year! Unfortunately, this planning nightmare is no closer to being resolved then it has since the bill that created it was passed and signed into...